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Tsys have sold off in Asian trading.........>

US TSYS
US TSYS: Tsys have sold off in Asian trading following the positive headlines
about US-China trade talks, which sent stocks and USDJPY rallying. The belly of
the curve has slightly underperformed with the 2s-5s spread rising 0.4bps to
continue yesterday's rise from fresh multi-year lows. The 5s-30s spread has
dropped 0.6bps to trade at 28.99bps, adding to yesterday's losses. 
- Breakevens have bounced on the news with the 10-year facing key support at its
uptrend from the May 29 lows and the 200-DMA at 2.069%.
- 10-Note futures last trade at 120-070. 
- Yields last at: 2Y: 2.621%, 5Y: 2.752%, 10Y: 2.880%, 30Y: 3.043%.

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